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TMI Blog2018 (4) TMI 1451X X X X Extracts X X X X X X X X Extracts X X X X ..... m or goods have been exported under bond. The fact is on record that out of total value of the goods of ₹ 4,76,080/- the goods worth ₹ 2,83,192/- are agriculture equipments on which, no duty is payable by the appellant - the total value of duty payable on the goods after abatement of ₹ 1,35,022/-, therefore, redemption fine and penalty imposed on the appellant are on higher si ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t entitled to avail benefit of SSI exemption Notification No. 8/03-CE dated 01.03.2003. Consequently, by denying the benefit of SSI exemption Notification, it goods were seized and allowed to be redeemed on payment of redemption fine and penalty. Against the said order, the appellant is before me. 3. The ld. Counsel appearing on behalf of the appellant submits that initially the appellant was p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ,192/- on which no duty is payable and after allowing the abatement, the value of goods on which duty is payable of ₹ 1,35,022/-. In that circumstance, the redemption fine and penalty imposed on the appellant are on higher side. 4. On the other hand, the ld. AR supported the impugned order and submits that the appellant has not come out with an evidence that the goods in question are mean ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... exporting the said goods but the appellant has not followed any procedure i.e. payment of duty, and claiming the rebate claim or goods have been exported under bond. In that circumstance, I hold that the goods are liable for confiscation. 8. Further, I find that the fact is on record that out of total value of the goods of ₹ 4,76,080/- the goods worth ₹ 2,83,192/- are agriculture eq ..... X X X X Extracts X X X X X X X X Extracts X X X X
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